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Nov 18, 2012
11/12
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the fiscal cliff will cost the average american family $3500. think about that. though he won't say? to become a thank you for coming on tonight. had a great weekend. always fun to have you on the shelf. >> you or having me, geri. gerri: now we want to know what you think. here's our question. what is the real agenda of senate democrats? solving the debt crisis or sticking it to the rich? log onto gerriwillis.com. both on the right-hand side of the screen and side of the screen and i will show the results at the end of the ow. as i mentioned earlier, hostess is closing all of its plants and laying off 1800 -- 18,500 workers after failing to reach a deal with the bakers union. taxpayers could end up putting a massive tax bill if the workers file for unemployment benefits and get them for the maximum number of weeks. that cost taxpayers $430 million, including the same unit workers that forced the company to close. with more on this is our labor economist for heritage. james, great heavy on the to have you on the show. we've been talking about this for some time th
the fiscal cliff will cost the average american family $3500. think about that. though he won't say? to become a thank you for coming on tonight. had a great weekend. always fun to have you on the shelf. >> you or having me, geri. gerri: now we want to know what you think. here's our question. what is the real agenda of senate democrats? solving the debt crisis or sticking it to the rich? log onto gerriwillis.com. both on the right-hand side of the screen and side of the screen and i will...
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Nov 17, 2012
11/12
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just in case the fiscal cliff wasn't enough. still to come, by "two cents more". and now it's legal to smoke pot in two states now, and i'm not talking about marijuana. if you don't live in the rocky mountains, you canúú gerri: some are calling it the gerri: grass, mary jane, marijuana goes by a lot of names. folks are calling it a good alternative investment. believe it or not. colorado and washington together, the first dates to legalizerecreational use of marijuana. a growing industry that worth a ton of dough. my next guest says there are many legal ways to get in on the action. joining me now is the president and ceo of company in california. we are talking about miracle tter monitor. how you invest in a? >> thank you for having me on your show. well, there is a plethora of different ways to look at the market. one of the easiest ways is you want to be an active investor or a passive investor. the second question that you ask yourself is do i want to be close to what i like to work in an ancillary or peripheral business. it would be a business like ours, hy
just in case the fiscal cliff wasn't enough. still to come, by "two cents more". and now it's legal to smoke pot in two states now, and i'm not talking about marijuana. if you don't live in the rocky mountains, you canúú gerri: some are calling it the gerri: grass, mary jane, marijuana goes by a lot of names. folks are calling it a good alternative investment. believe it or not. colorado and washington together, the first dates to legalizerecreational use of marijuana. a growing...
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Dec 17, 2012
12/12
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. >> thank you. >> as a businessman, what is your take on the fiscal cliff issue? how do you think these negotiations end? >> well, i mean there, is so much speculation out there and such a broad range of opinions. i guess if i had to predict, i would say we probably will not reach agreement and there is a high probability we will go over the cliff, and the impact of that, the repercussions i think are catastrophic. >> that is the thing. we hear this from everybody if we go over the fiscal cliff it will trigger layoffs and trigger the possibility that the economy goes back into recession. in 2013, but the rhetoric again is ratcheting up between house speaker john boehner, senate majority leader harry reid, even though boehner met with the president again this past week, they are stuck on the sacred cows. how do you think it impacts business? from your standpoint what are you hearing from some of your clients and business colleagues out there? >> well, again, there's quite a broad range of interpretation on this thing and perspective. it's interesting. i attended a
. >> thank you. >> as a businessman, what is your take on the fiscal cliff issue? how do you think these negotiations end? >> well, i mean there, is so much speculation out there and such a broad range of opinions. i guess if i had to predict, i would say we probably will not reach agreement and there is a high probability we will go over the cliff, and the impact of that, the repercussions i think are catastrophic. >> that is the thing. we hear this from everybody if we...
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Dec 25, 2012
12/12
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. >> glor: john blackstone, thank rou. john mentioned the fiscal cliff. tinight we've learned democrats emocraw moving ahead on their hei plan to avoid it now that talks have broken down with john boehner. white house and congressional leaders have until january 1 to lork out a budget deal. resident obama is in hawaii on udget dn. nancy cordes is there as well. nancy, good evening. nancy, goor: jeff, this would : sentially be a last-ditch effort to avert the fiscal ially be sources tell us that aides to the president have been in talks preliminary talks, with aides to senate majority leader harry elf who himself was here in hawaii this weekend for the funeral of senator daniel inouye. eid is now working, we're told, on a smaller package than the comprehensive deal than the president was working on with speaker boehner. than tmall package would prevent tax rates from rising for middle-class, perhaps cut some spending and tie up a few other loose ends. so far, though, senator reid has so fbeen in touch with republicans over this plan. blicans ovent and the
. >> glor: john blackstone, thank rou. john mentioned the fiscal cliff. tinight we've learned democrats emocraw moving ahead on their hei plan to avoid it now that talks have broken down with john boehner. white house and congressional leaders have until january 1 to lork out a budget deal. resident obama is in hawaii on udget dn. nancy cordes is there as well. nancy, good evening. nancy, goor: jeff, this would : sentially be a last-ditch effort to avert the fiscal ially be sources tell...
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Jul 9, 2012
07/12
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. >> closer and closer to the edge of the fiscal cliff, rick, frightening. thank you. >> we'll walk right up to it though. >> we are. president obama and mitt romney may be neck and neck in a lot of polls but when it comes to cash romney is king for now. check this out. the republican along with his party's national committee raised, look at these figures, more than $106 million last month. on the other side of the screen you see the $71 million mark. that is what president obama has raised in an e-mail to supporters the obama campaign sent a thank you for the best month of this election but in the very next paragraph warned the republicans are way ahead. got a lot more for you in the next hour. watch. >>> a husband facing charges after his wife kills herself. one lawyer says, i've never seen a case like this. >>> and bashar al assad says the u.s. is behind the violence in syria. and the u.s. fires back with the usual response. >>> get ready. the prices at the grocery store may be about to go up because farmers across america are in peril. [ male announcer ]
. >> closer and closer to the edge of the fiscal cliff, rick, frightening. thank you. >> we'll walk right up to it though. >> we are. president obama and mitt romney may be neck and neck in a lot of polls but when it comes to cash romney is king for now. check this out. the republican along with his party's national committee raised, look at these figures, more than $106 million last month. on the other side of the screen you see the $71 million mark. that is what president...
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Dec 26, 2012
12/12
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he's a rich guy. >>> the fiscal cliff affects even him. thank you. >>> financials have been on fire for most of 2012 but low interest rates and pretty tough regulation, those factors are still putting some profit margins under pressure. we take a look at what is in store for wall street in 2013. >> reporter: after a year's long identity crisis, 2013 will see a spate of bank makeovers. barclays will spin off its investment bank, bank of america will review options for merrill lynch. behind these walls, citigroup's ininvestment bank will shrink considerably, focusing on top traders and deal makers. if that deal market returns as well as valuations, citi could sell all of its crisis-tinged bad bank citi holdings. about that london whale at jpmorgan, it forced jamie dimon to clear house, a dozen executives changing roles. expect a lot of face time with media and investors for mike cavanaugh, co-ceo of the investment bank and the not so dark horse to succeed dimon. battles will brew over regulation, the consumer financial protection bureau will
he's a rich guy. >>> the fiscal cliff affects even him. thank you. >>> financials have been on fire for most of 2012 but low interest rates and pretty tough regulation, those factors are still putting some profit margins under pressure. we take a look at what is in store for wall street in 2013. >> reporter: after a year's long identity crisis, 2013 will see a spate of bank makeovers. barclays will spin off its investment bank, bank of america will review options for...
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Dec 26, 2012
12/12
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thank you for your thoughts and ideas today on our beloved fiscal cliff. >> five days to go and counting before we fall off the so-called fiscal cliff and while there's no deal, more news out of washington and our very own john harwood is there. >> reporter: mandy, we've got a letter from the republican leadership to the president and to the democrats in the senate saying that the house has acted, they passed legislation last year to extend all the tax cuts and to shift the scheduled sequester cuts from defense to domestic programs, but, of course, in urging the senate to act saying, well, we've acted, now it's your turn, we're simply not going to see the democrats take them up on that because president obama since that letter has won the election and now we're looking at the possibility of a mini deal that would get enacted before january 1st but so far all we've heard are the sounds of silence in the negotiations. a senior white house official told me today when i asked was there any holiday season progress, back channel progress over the past couple of days, got a one-word reply, no.
thank you for your thoughts and ideas today on our beloved fiscal cliff. >> five days to go and counting before we fall off the so-called fiscal cliff and while there's no deal, more news out of washington and our very own john harwood is there. >> reporter: mandy, we've got a letter from the republican leadership to the president and to the democrats in the senate saying that the house has acted, they passed legislation last year to extend all the tax cuts and to shift the...
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Dec 28, 2012
12/12
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thank you for joining us. >> the fiscal cliff is at our doorstep, the fate of our nation is in washington's hands. >> some final thoughts how to manage your money in these dicey times. i can't wait to hear what's going to be said as well, coming up. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. all on thinkorswim. it's part of what you slove about her.essing. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not
thank you for joining us. >> the fiscal cliff is at our doorstep, the fate of our nation is in washington's hands. >> some final thoughts how to manage your money in these dicey times. i can't wait to hear what's going to be said as well, coming up. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney...
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Dec 30, 2012
12/12
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thanks for being back. if we go over the fiscal cliff works comes out on top? >> it sounds like the president does, after all, he's the won the election. the polls show that the american people for the most part favor some sort of tax increase for the wealthy, but quite frankly the losers are just about everybody. certainly those who are in the position to need unemployment insurance, federal workers, those who are beholden to the government, that type of thing, and i think that also the political system in the united states is a loser. i really do believe that the polls bear this out, that people are really getting disgusted with all the players in this game, and they want to see it stopped. >> let bring in paul cain, congressional correspondent for the "washington post." you know, to what bob was just saying americans are shaking their heads at all of this, just watching this blame game and wondering where are we going with this. >> you know, melissa, the other night mark begich, freshman senator from alaska when he was walking out friday night, he called it
thanks for being back. if we go over the fiscal cliff works comes out on top? >> it sounds like the president does, after all, he's the won the election. the polls show that the american people for the most part favor some sort of tax increase for the wealthy, but quite frankly the losers are just about everybody. certainly those who are in the position to need unemployment insurance, federal workers, those who are beholden to the government, that type of thing, and i think that also the...
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Dec 18, 2012
12/12
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thirteen days and counting to the fiscal cliff. there is optimism that washington may be moving closer to a deal. what does an agreement mean potentially for smaller businesses. joining us frank sorrentino from north jersey community bank. good to have you back. how has the impending fiscal cliff affected your business? >> it's interesting. every client meeting i have starts off with what do you think about the fiscal cliff and what is that going to mean to me? should i wait on this decision going forth with my business to purchase something, leverage something, will my tax structure look different. maybe i should wait. >> postpone commitment, postpone decision making. if we do go over the cliff, what would that mean to your business? >> i think over the last number of years, this country has worked so hard to bring confidence back to the marketplace. i think this is the one event that would destroy that confidence that we've built up. if we destroy confidence, i think we're going to have a whole lot of small business owners who wi
thirteen days and counting to the fiscal cliff. there is optimism that washington may be moving closer to a deal. what does an agreement mean potentially for smaller businesses. joining us frank sorrentino from north jersey community bank. good to have you back. how has the impending fiscal cliff affected your business? >> it's interesting. every client meeting i have starts off with what do you think about the fiscal cliff and what is that going to mean to me? should i wait on this...
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Dec 26, 2012
12/12
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thank you. >>> and it is the dreaded fiscal cliff that has the president heading home early tonight from his hawaiian christmas vacation. as some lawmakers are also heading back to washington. but with just six days to go, homes for a last-minute deal may be fading. nbc's kristin welker is with us tonight from honolulu. kristen. >> reporter: natalie, good evening. with president obama flying home this evening, the political rhetoric has already started, with republicans urging action in the senate, and with democrats calling on republicans to put middle class families first. the president and first lady spent part of their christmas visiting troops in honolulu. >> we want to say thank you. we love you. >> reporter: but now he heads back to a snowy washington, where the last hope for a deal to avert the fiscal cliff is the senate, which returns tomorrow. majority leader harry reid is devising a partial solution that could ease economic fears. >> if we go over in a chaotic fashion, where members of congress are deeply grid locked with no sign of coming together, then we're likely to go ove
thank you. >>> and it is the dreaded fiscal cliff that has the president heading home early tonight from his hawaiian christmas vacation. as some lawmakers are also heading back to washington. but with just six days to go, homes for a last-minute deal may be fading. nbc's kristin welker is with us tonight from honolulu. kristen. >> reporter: natalie, good evening. with president obama flying home this evening, the political rhetoric has already started, with republicans urging...
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Dec 27, 2012
12/12
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avoid the fiscal cliff. official says they don't know of any significant strides towards a compromise being made for the long christmas weekend. >> president obama spent part of the christmas day greeting thanking service member autos thanks for the work. >> knowing there are steeper cuts and the president is giving it a last shot, cutting short his vacation, returning to washington, d.c. tomorrow to try to hammer out a last minute deal with congressional republicans. if there is no break through, every american will be hit with higher taxes. a schoolteacher with two kids and a salary of $43,000 will face a tax hike of $3,000. the super rich like lebron james would see his tax goes up more thanhóÁ$2.4 million this year. >> i want us to not go over the cliff. i think it hurts the country. >> middle class people shouldn't have tax goes up?(héq $2,000 a year, we should start making some meaningful reform on debt. >> going over the fiscal cliff mean morz than higher taxes. federal workers at risk of being fur
avoid the fiscal cliff. official says they don't know of any significant strides towards a compromise being made for the long christmas weekend. >> president obama spent part of the christmas day greeting thanking service member autos thanks for the work. >> knowing there are steeper cuts and the president is giving it a last shot, cutting short his vacation, returning to washington, d.c. tomorrow to try to hammer out a last minute deal with congressional republicans. if there is no...
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Dec 21, 2012
12/12
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fears of going off the fiscal cliff, sending the dow down. right now, we're looking at a decline of about 135. do you want to buy into this cliff dip? let's talk numbers and send it over to bill. >> maria, thank you very much. on a technical side, we have i think our bull j.c. o'hara and on the fundamental side is our bear for the day, abigail dolittle. thank you both for joining us today. j.c., you would buy this cliff dip as it were. is that the case? >> absolutely. i think the 2% down day was an early gift to investors. the first is, if you look at a chart on the slide, you notice the 50-day moving average, we're trading around these levels here. over the past year, we've tested the 50 day moving average from above multiple times and the majority of the outcome we've been positive. close to 2.5% over the next few days. so i think we're going to get a bounce higher here. and the next reason i'll be buying right at these levels is 142 is a major level on the spy for support. if you look at from volume at price, we see a majority of the buyer
fears of going off the fiscal cliff, sending the dow down. right now, we're looking at a decline of about 135. do you want to buy into this cliff dip? let's talk numbers and send it over to bill. >> maria, thank you very much. on a technical side, we have i think our bull j.c. o'hara and on the fundamental side is our bear for the day, abigail dolittle. thank you both for joining us today. j.c., you would buy this cliff dip as it were. is that the case? >> absolutely. i think the 2%...
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Dec 18, 2012
12/12
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cliff deadline. if a deal is reached, what should you do with your dividend paying stocks. joining us is matt, portfolio manager, investing in exclusive stocks more than 52 years. thanks for coming on the show. >> thanks for having me. >> what would you expect the reaction of dividend payers to be? >> if you see a deal aannounced tomorrow. a short term euphoric rally and expect dividends to under-perform because traditional balance sheets, more consistent earnings. i would be a seller into that rally because i am a trader and think economic reality is that it will not necessarily be a creed to 2013. i think 2013 will be a bumpy ride and as volatility picks up, so will deficit stocks and think it's realistic about the market and economy. >> sounds like you're selling on the news but as far as dividend payers you pick up on a pull back because of that rally in the markets, what would top your list? >> i would go with quality, consistency, needs not wants. we like companies like johnson&johnson, has a d
cliff deadline. if a deal is reached, what should you do with your dividend paying stocks. joining us is matt, portfolio manager, investing in exclusive stocks more than 52 years. thanks for coming on the show. >> thanks for having me. >> what would you expect the reaction of dividend payers to be? >> if you see a deal aannounced tomorrow. a short term euphoric rally and expect dividends to under-perform because traditional balance sheets, more consistent earnings. i would be...
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Dec 19, 2012
12/12
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whether a fiscal cliff deal includes a rate hike the fact is a tax is a tax. and a huge amount of money will move from the private sector to the government. by the way, it isn't going to solve the deficit. let's go to doug holts president of the american action forum. i think too few people have exam inned the impact of this thing. one way or the other, that is a lot of money draining from the private sector to the government. i would have to agree with you, this is an economy. i would put p it into one perce and you hear people talk about the numbers. but underneath the numbers you have to worry about the quality of the policy. it is the worst way to raise revenue, and that is attribute to the fact that the politics are trumping the politics right now. >> in economic turns if you put a 39.6% tax rate on millionaires and above, if you do that, would that be the least ownerous thing you have heard so far? >> i think the goal should be, the least we've seen so far. but it didn't get a great reception on the other side of the i'll. it remains to be seen what we w
whether a fiscal cliff deal includes a rate hike the fact is a tax is a tax. and a huge amount of money will move from the private sector to the government. by the way, it isn't going to solve the deficit. let's go to doug holts president of the american action forum. i think too few people have exam inned the impact of this thing. one way or the other, that is a lot of money draining from the private sector to the government. i would have to agree with you, this is an economy. i would put p it...
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Dec 19, 2012
12/12
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even amid the fiscal cliff storm, the winds of change are swirling around financials. up next republican senator david vitter joins me with a big push for a closer look at the big banks and partnering with this with a key democrat and the governor of illinois is here talking about gun control to the fiscal cliff. wait until you hear what he says will happen to his state's economy if they go over the fiscal cliff. be right back. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dol
even amid the fiscal cliff storm, the winds of change are swirling around financials. up next republican senator david vitter joins me with a big push for a closer look at the big banks and partnering with this with a key democrat and the governor of illinois is here talking about gun control to the fiscal cliff. wait until you hear what he says will happen to his state's economy if they go over the fiscal cliff. be right back. if you think running a restaurant is hard, try running four....
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Aug 22, 2012
08/12
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now from the fiscal cliff, dagen? >> dagen: peter thank you very much. peter: they are predicting a recession in the first half of 2013, a de -- a decline of about 3% of gdp at an annual rate if the fiscal cliff takes effect. dagen: that's tough. peter thank you very much. tropical storm is posing a possible threat to the republican convention in tampa. meteorologist janice dean is joining us now. >> all eyes are on isaac. we do expect isaac to become a hurricane in the next couple of days. latest track as of 11 a.m. eastern time, new advisories in. 2:00 p.m. the hurricane hunters are flying into the storm to see what they can find in terms of wind speed. here's your latest track, still a storm as we head through thursday, but then we think it's going to become a hurricane, a lot of warm water interaction here moving over cuba as a strong tropical storm. depending on how much land it interacts with, that will give us an idea of how strong the storm will be once it moves across water. here the water temperatures are 89, 90 degrees, like bath water here, s
now from the fiscal cliff, dagen? >> dagen: peter thank you very much. peter: they are predicting a recession in the first half of 2013, a de -- a decline of about 3% of gdp at an annual rate if the fiscal cliff takes effect. dagen: that's tough. peter thank you very much. tropical storm is posing a possible threat to the republican convention in tampa. meteorologist janice dean is joining us now. >> all eyes are on isaac. we do expect isaac to become a hurricane in the next couple...
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Dec 27, 2012
12/12
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WBAL
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chuck todd, thanks so much. >>> we saw some more dramatic evidence of just how much the fiscal cliff drama is weighing on americans' mood. consumer confidence dropped sharply this month, falling to a four-month low. that hit the stock market early, and the dow plunged 151 points by mid afternoon. then word that the house would reconvene sunday night sent the market back to break even and the dow ended up closing down just 18 points. >>> our chief foreign affairs correspondent andrea mitchell is warning that secretary of state hillary clinton will be returning to work next week. she has been off for several weeks after getting a stomach virus and suffering a concussion after fainting. a spokesman says clinton continues to recuperate at home and looks forward to resuming her schedule. she's prepared to step down from her job early next year. >>> and one other note from washington. the head of the environmental protection agency, lisa jackson, announced today that she is stepping down. jackson has led the agency since the beginning of the obama administration. she tangled with congress
chuck todd, thanks so much. >>> we saw some more dramatic evidence of just how much the fiscal cliff drama is weighing on americans' mood. consumer confidence dropped sharply this month, falling to a four-month low. that hit the stock market early, and the dow plunged 151 points by mid afternoon. then word that the house would reconvene sunday night sent the market back to break even and the dow ended up closing down just 18 points. >>> our chief foreign affairs correspondent...
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Dec 26, 2012
12/12
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. >> thank you. >>> we're less than a week away from the "fiscal cliff" and it turns out not every lawmaker left for the holiday. senate majority leader harry reid had worked on christmas at the capital on a scaled-down plan to avoid tax hikes for all but the wealthiest americans. his plan would also include short term spending cuts instead of long term deals that had been sought. >>> president obama will cut his hawaiian vacation short today and return to washington to take part in "fiscal cliff" negotiations. >>> holiday sales grew at a weak pace this year. the weakest in four years. mastercard advisors spending pulse reports that sales in the two months before christmas increased .7% over last year. a lot of analysts expected sales to be up 3 or 4%. but wait, there is more. when i worked in retail when i was in college, christmas was busy enough. but the day after christmas? it was unbelievable! cbs 5 reporter cate caugiran is in san leandro where after- christmas shopping has already started. >> reporter: yes, brian. it started at 5:00 this morning at the bay fair center in san leandro.
. >> thank you. >>> we're less than a week away from the "fiscal cliff" and it turns out not every lawmaker left for the holiday. senate majority leader harry reid had worked on christmas at the capital on a scaled-down plan to avoid tax hikes for all but the wealthiest americans. his plan would also include short term spending cuts instead of long term deals that had been sought. >>> president obama will cut his hawaiian vacation short today and return to...
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Dec 8, 2012
12/12
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economy ndntinued to add jobs in november, despite worries about a looming fiscal cliff in washington and the effects of a k perstorm in the northeast. >> thank you very much. or reporter: at chobani, the greek yogurt maker based in new york, c.e.o. hamdi ulukaya has been hiring. how many employees do you have? >> close to 2,000. >> reporter: the turkish-born ulukaya started chobani just four years ago. since then, greek yogurt sales re g exploded. chobani is now nearly a billion- dollar business. >> think we're going to be over 5,000 to 6,000 people by five years. >> reporter: so another 3,000 or ll000. th yeah. >> reporter: nationally job f owth has been steady but slow. so far in 2012 the economy has added an average of 151,000 jobs a month. >> we are creating more jobs but the pace of that hasn't really thanged much in the last two years. >> reporter: this chief investment strategist with the the blackrock says the economy is caught in a circle. >> one reason the job market isn't better is consumers aren't spending and the reason consumers aren't spending is etcause the job market
economy ndntinued to add jobs in november, despite worries about a looming fiscal cliff in washington and the effects of a k perstorm in the northeast. >> thank you very much. or reporter: at chobani, the greek yogurt maker based in new york, c.e.o. hamdi ulukaya has been hiring. how many employees do you have? >> close to 2,000. >> reporter: the turkish-born ulukaya started chobani just four years ago. since then, greek yogurt sales re g exploded. chobani is now nearly a...
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Dec 20, 2012
12/12
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base boehner -- anyhow, being thanks to you. will speaker boehner's fiscal cliff gambit pay off. robert, do you like costa or coasta? >> i like costa, i'm italian. >> anyway, washington editor for "the national review." jimmy, i love you and you come on all the time. i'm reading these notes and you, know, you're very slick but you know some of the stuff is not true. what are you talking about that rich people don't pay any national senior retirement, they pay nothing towards social security and nothing towards health care. they pay the maximum but because it's a small percentage of what they pay, you're saying they pay nothing, you're just conflating nothing with paying that it's cut off at $108,000 or whatever? >> no, my good friend, joe. clearly you didn't read all of my notes i sent in to the producer. there are five rates when it comes to earned income. what boehner, the speaker and president are dithering over are what those top rates are going to be, whether it's for people who make a million bucks or -- who cares? at the end of the day if you make $500,000 or higher, payin
base boehner -- anyhow, being thanks to you. will speaker boehner's fiscal cliff gambit pay off. robert, do you like costa or coasta? >> i like costa, i'm italian. >> anyway, washington editor for "the national review." jimmy, i love you and you come on all the time. i'm reading these notes and you, know, you're very slick but you know some of the stuff is not true. what are you talking about that rich people don't pay any national senior retirement, they pay nothing...
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Dec 22, 2012
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but with the fiscal cliff looming, i was wondering if you would advise more defenseless strategy like consumer staples or something going into the new year. >> what i was thinking i told a friend of mine today conagra reported an amazing number. that's the kind of thing i would think about. nice yield. good growth. i think that's the best idea. why don't we go to brooks in ohio. brooks was here. brooks? >> caller: my question is about abbott, the split, how's it going down and which side are you on? >> good news today. the split will be included in the s&p which is why it was up. abbott is going higher. that's why my travel trust owns it. things seem dysfunctional in washington but even now it's better to be a buyer than a seller if you know where to look. "mad money" will be right back. >> announcer: coming up, the world is overflowing with information and tibco helps make sense of ones and zeros. while the market is up nice for the year, its stock is now down big. does today's turn to the green mean it's time to logon or should you pull the plug? cramer's exclusive with the ceo is n
but with the fiscal cliff looming, i was wondering if you would advise more defenseless strategy like consumer staples or something going into the new year. >> what i was thinking i told a friend of mine today conagra reported an amazing number. that's the kind of thing i would think about. nice yield. good growth. i think that's the best idea. why don't we go to brooks in ohio. brooks was here. brooks? >> caller: my question is about abbott, the split, how's it going down and which...
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Dec 30, 2012
12/12
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you. >> to all of us, thank you. >> chris: up next or sunday group on the cliff-hanger over the fiscal cliff. what will happen? and how will it affect you? ♪ ♪ >> we'll be working hard to try to see if we can get there in the next 24 hours and so, i'm hopeful and optimistic. >> whatever we come up with will be imperfect and some people will not like it and some people will like it less but that is where we are. >> chris: the two senate leaders, mitch mcconnell and harry reid on the last-ditch effort to put together a deal to avoid the fiscal cliff and it is time now for our sunday group, bill kristol of the weekly standard, former democratic senator evan byah and byron york from the washington examiner and kirsten powers of the daily beast web site. you heard mitch mcconnell say he's hopeful and optimistic. will congress pass something in the next 48 hours, something? to avoid the fiscal cliff? >> i don't know. but, i guess, probably. and it will be a bad deal but i suppose better than doing nothing. and, every working american's taxes will go up january 1st if t
you. >> to all of us, thank you. >> chris: up next or sunday group on the cliff-hanger over the fiscal cliff. what will happen? and how will it affect you? ♪ ♪ >> we'll be working hard to try to see if we can get there in the next 24 hours and so, i'm hopeful and optimistic. >> whatever we come up with will be imperfect and some people will not like it and some people will like it less but that is where we are. >> chris: the two senate...
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Dec 28, 2012
12/12
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cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back, they're apprehensive. they're not committing to projects. they're waiting to see what happens with the fiscal cliff. >> hope is fact if congress can get it done before january 1st. even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start ta
cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back,...
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Dec 31, 2012
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your theory are it's key to how the fiscal cliff plays out. explain. >> there's a significant difference of opinion in the political ramification of what happens if we go over and it comes down debt ceiling. if we go over the fiscal cliff they have all of the leverage because we'll go into the debt ceiling and it will be just like 2011 again. they'll say we're not going to raise the debt ceiling unless you cut entitlements, barack obama will say no and terrified of consequences of national default he'll say yes. so they'll get all of the entitlement cuts with no tax increases on the table. democrats disagree. they will not, under any circumstance, no matter what republicans do, negotiate over the debt ceiling again. they'll break the habit now. if we go to the debt ceiling they'll say we're not talking about this, if you want to have a deal on entitlements, that will have to be matched one to one with tax increases, again, with tax reform. if they do that say democrats get $600 billion in tax increases off of the deal we'll have in the next co
your theory are it's key to how the fiscal cliff plays out. explain. >> there's a significant difference of opinion in the political ramification of what happens if we go over and it comes down debt ceiling. if we go over the fiscal cliff they have all of the leverage because we'll go into the debt ceiling and it will be just like 2011 again. they'll say we're not going to raise the debt ceiling unless you cut entitlements, barack obama will say no and terrified of consequences of...
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Dec 17, 2012
12/12
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only nine more trading sessions until the fiscal cliff deadline. how do you want to position yourself right now? joining me right now is mark keon. good to have you on the program. thank you so much for joining me. ed, let's kick it off with you. you've been a student of fundamentals so long. what are you expecting out of 2013 on earnings and economics? >> i think 2013 will be a somewhat better than expected year. i think the upside to economic growth. let's say 3% growth is more likely than 2% which is the con s census. >> is there anything that worries you about the anticipation going into the fiscal cliff that puts a cramp in anything for 2013? we all know businesses have been hoarding cash. individuals are also hearing it a lot on the media. >> well, i think there's a lot of risk going into the new year, but i think if we put aside the noise of the fiscal cliff and focus on the fundamentals, it's getting better. earnings have been kind of flat so far this year, but looks like they'll be better next year. the international situation is getting c
only nine more trading sessions until the fiscal cliff deadline. how do you want to position yourself right now? joining me right now is mark keon. good to have you on the program. thank you so much for joining me. ed, let's kick it off with you. you've been a student of fundamentals so long. what are you expecting out of 2013 on earnings and economics? >> i think 2013 will be a somewhat better than expected year. i think the upside to economic growth. let's say 3% growth is more likely...
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Dec 18, 2012
12/12
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here we are, every day worry after worry after worry on this fiscal cliff issue, and we see the numbers from the corporate sector blowing the cover off the ball, time and time again. >> look, there are corporations that will do well, especially now because you look at oracle. companies are aggressively figuring out ways to lower cost. technology is the most effective way to lower costs over the long term, so i'm not surprised by a company like oracle doing as well as they have done. on the other hand, business in general is not exciting. it's okay. it's just moving along. it's -- it's not a recession, but it certainly isn't boss trart. >> which is why the whole fiscal cliff debate will be self-inflicted and push us into recession and sort of get us off traction. do you agree with the fact that businesses have been waiting reluctant to put money to work and once we get into the new year that changes? lot of money is free up? >> look, all the businesses that i know make decisions not based on what washington is going to do, take god, because who the hell knows what washington is going to.
here we are, every day worry after worry after worry on this fiscal cliff issue, and we see the numbers from the corporate sector blowing the cover off the ball, time and time again. >> look, there are corporations that will do well, especially now because you look at oracle. companies are aggressively figuring out ways to lower cost. technology is the most effective way to lower costs over the long term, so i'm not surprised by a company like oracle doing as well as they have done. on...
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Dec 27, 2012
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we have fiscal cliff and debt ceiling fears. that's driving that. how do you invest now? we are about to ask a top money manager. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ and the next great idea could be yours. well, if itmr. margin?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. when the doctor told me that i could smoke for the first week... i'm like...yeah, o
we have fiscal cliff and debt ceiling fears. that's driving that. how do you invest now? we are about to ask a top money manager. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be...
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Dec 26, 2012
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try to cut a deal as that fiscal cliff nears. now just six days until higher taxes for all americans. and tonight, a white house official is placing the burden of not getting a deal on leaders of congress. one official saying the hits from our economy are not coming from outside factors, they're coming from congressional stupidity. some members of congress do return tomorrow. these comments come just as barbara walters prepares for her "nightline" special tonight. her sitdown at the white house with the president and the first lady. tonight here, some rare personal questions answered about their own relationship and their girls. one of whom just got her first cell phone. >> reporter: i want to talk a bit about the girls. we have been rawatching them gr up from little girls to young ladies. now, malia recently got her first cell phone. do you monitor it? and see who she calls or who she texts? >> i give my daughter at this age, i give her a long rope. you know, and there is monitoring, because we have rules, but monitoring may be,
try to cut a deal as that fiscal cliff nears. now just six days until higher taxes for all americans. and tonight, a white house official is placing the burden of not getting a deal on leaders of congress. one official saying the hits from our economy are not coming from outside factors, they're coming from congressional stupidity. some members of congress do return tomorrow. these comments come just as barbara walters prepares for her "nightline" special tonight. her sitdown at the...
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Nov 27, 2012
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told chris matthews about his vision for averting the fiscal cliff. take a listen. >> there's no question we can have the rich pay more, but that won't solve our problem. >> i agree. >> and with that comes negatives. the real problem is is you've got an entitlement system that's out of whack, and the demographics are exaggerating that. and you've had discretionary spending increases, you know, the budget of this country this year is twice what it was 11 years ago. and a good portion of that is discretionary. some of it, $100 billion a year is the war, but the rest of the government has grown. so we have to do both. and we have to make sure that whatever we do does not hurt us but gets us on the way to recovery. >> be sure to watch "hardball" with chris matthews weekdays at 5:00 and 7:00 eastern only on msnbc, the place for politics. in >>> authorities in cairo are bracing for more protests as outrage grows as morsi's decision to grant himself sweeping new powers. nbc's ayman moyheldin joins us with the latest. ayman, good morning to you. >> reporter:
told chris matthews about his vision for averting the fiscal cliff. take a listen. >> there's no question we can have the rich pay more, but that won't solve our problem. >> i agree. >> and with that comes negatives. the real problem is is you've got an entitlement system that's out of whack, and the demographics are exaggerating that. and you've had discretionary spending increases, you know, the budget of this country this year is twice what it was 11 years ago. and a good...
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Dec 24, 2012
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for more on the fiscal cliff i'm joined by deputy political editor domminco. let's talk about what are the opings left on the table as we look at the narrow window that's left to get us to 2013 and what could get done. >> well, i think ultimately you've got a small deal, a big deal, or going over the cliff. there is some movement towards getting a small deal done. you hear that from congressman ellison. senate airdz on both sides tell me that that's possible. the 250,000 a year tax cut plus unemployment things and it maybe can kick the can down the road. that will have consequences for the president's agenda in the next year because he wants to get immigration reform done. he wants to get a lot of other things done that really get pushed down the road if fiscal stiff is still weighing on him. >> which side has negotiated in good faith more? the political reporting we've heard is that the president is still at the table. he is saying let's get something done. john boehner is at the table saying he wants to get something done, but -- i think the white house says
for more on the fiscal cliff i'm joined by deputy political editor domminco. let's talk about what are the opings left on the table as we look at the narrow window that's left to get us to 2013 and what could get done. >> well, i think ultimately you've got a small deal, a big deal, or going over the cliff. there is some movement towards getting a small deal done. you hear that from congressman ellison. senate airdz on both sides tell me that that's possible. the 250,000 a year tax cut...
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Dec 17, 2012
12/12
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the job creator in this country anxiously await a fiscal cliff deal out of washington. how is the stalemate affecting business that level? let's ask joe dutra. great to have you on our show once again. are people buying less candy as a result of the uncertainty? >> mandy, merry christmas from reno, nevada. you know, you guys have been great for our business. there's a lot of uncertainty and stress and depression in the market. and that is just great for the chocolate business. >> is this like the lipstick indicator? like you might cut back on big things like a new frige or new home but make yourself feel better with a little lipstick or bag of candy? >> that's right. we are kind of a cheap or inexpensive treat for most children and adult in the united states. and we've seen our business this year and our sales have grown by 25 to 30%. i think a lot of it has to do with, you know, we are an inexpensive treat and we're tied in with holidays and with this fiscal cliff, i think people are eating more comfort foot and i think chocolate is one of those products that speaks re
the job creator in this country anxiously await a fiscal cliff deal out of washington. how is the stalemate affecting business that level? let's ask joe dutra. great to have you on our show once again. are people buying less candy as a result of the uncertainty? >> mandy, merry christmas from reno, nevada. you know, you guys have been great for our business. there's a lot of uncertainty and stress and depression in the market. and that is just great for the chocolate business. >> is...
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Nov 18, 2012
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>>ginger, thank you. >>> we're going to turn now to the economy here and that looming fiscal cliff you've been hearing about. if congress can't reach an agreement, we could face a new recession, according to some economists. that prospect has sent the markets into a tail spin. the dow down nearly 1,000 points in the past month, losing 7% of its value. that's a huge hit for your 401(k). and retailers are hoping that this holiday shopping season will give them a lift. abc's tania rivera with more. >> all right, you ready? >> reporter: at this best buy in atlanta, workers do drill to prep for the door-busting crowds. shoppers across the country are already camping out so they don't miss out. >> i wanteto get here early. >> reporter: complete with plans for thanksgiving dinner in line here in florida. >> thanksgiving, mom comes out with the china and the plates. >> reporter: almost half of all americans are expected to shop over black friday weekend. but will sheer numbers deliver the big payday retailers are banking on? the wealthiest are expect gd to spend 3% less this holiday season. add t
>>ginger, thank you. >>> we're going to turn now to the economy here and that looming fiscal cliff you've been hearing about. if congress can't reach an agreement, we could face a new recession, according to some economists. that prospect has sent the markets into a tail spin. the dow down nearly 1,000 points in the past month, losing 7% of its value. that's a huge hit for your 401(k). and retailers are hoping that this holiday shopping season will give them a lift. abc's tania...
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Dec 29, 2012
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make a good fiscal cliff deal in time? no. we're about to show you what the top minuty managers have been busy doing in order to protect their client's cash. that coming up. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. >> once again, our developing story tonight, no deal still on the fiscal cliff. president obama handing the matter over to the senat
make a good fiscal cliff deal in time? no. we're about to show you what the top minuty managers have been busy doing in order to protect their client's cash. that coming up. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin...
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Dec 23, 2012
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. >> thank you, gwen. >>> christmas may be around the corner but so is the fiscal cliff. president obama addressed the nation saying that he met republicans halfway and still no deal was reached meaning the future for tax cuts is still uncertain. >> reporter: d.c. may be shutting down for christmas but the clock last not stopped running on the fiscal cliff which is closer than ever. no deal was reached this week to keep taxes from going up on everyone. john boehner says he is hopeful that a deal could be reached but in a speech, he continues to hammer away at president obama. >> this was year the size of the debt, all $16 trillion of it surpassed the size of our entire economy. it's a grim milestone, one of many that we'll have to bear if we don't come to grips. the president's solution of raising tax rates would still leave red ink as far as the eye can see. >> the president landed in hawaii for a shorter than usual christmas break. he will return to washington after christmas to walk on the fiscal cliff. he is acknowledging the political reality by pushing a scaled back
. >> thank you, gwen. >>> christmas may be around the corner but so is the fiscal cliff. president obama addressed the nation saying that he met republicans halfway and still no deal was reached meaning the future for tax cuts is still uncertain. >> reporter: d.c. may be shutting down for christmas but the clock last not stopped running on the fiscal cliff which is closer than ever. no deal was reached this week to keep taxes from going up on everyone. john boehner says he...
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Dec 26, 2012
12/12
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thank you. farmers will also feel the impact if lawmakers fail to reach a deal on the fiscal cliff. bimultibillion-dollar aid bill may be a casualty of the casuemate. the ripple effects would be felt far from the fields. we asked anna warner to look into that. >> reporter: eagle lake, texas, depends on rice. it's been grown here since the 1800s. drought is usually the biggest threat, but the nervous talk in the drugstore now is about congress. >> without the farm bill, it really makes it uncertain for ehat you should do next year. >> reporter: steve is a pharmacist here and a rice farmer. the people are nervous. >> very nervous. wh reporter: what are they saying when they're coming in? what are you hearing? >> "what do we do?" you know, they don't know what to do. ht's so uncertain right now that the banks don't know what to do. the farmers don't know what it do. they're out there plowing the land, getting it all prepared for next year, with total cecertainty. >> reporter: at stake, $154 billion in federal farm aid and isop insurance, sidelined by the fiscal cliff stalemate. benefit
thank you. farmers will also feel the impact if lawmakers fail to reach a deal on the fiscal cliff. bimultibillion-dollar aid bill may be a casualty of the casuemate. the ripple effects would be felt far from the fields. we asked anna warner to look into that. >> reporter: eagle lake, texas, depends on rice. it's been grown here since the 1800s. drought is usually the biggest threat, but the nervous talk in the drugstore now is about congress. >> without the farm bill, it really...
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Dec 28, 2012
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the next hour, a last-ditch effort to avoid the fiscal cliff. the president has called all four congressional leaders to the white house no a high stakes meeting. is there really any hope? i'll speak with congressman sanderson. and then should teachers be armed in the classroom? it's a big debate. whop wants at least one teacher armed at every school in his state. >>> then remembers stormin' norman, the history general who died yesterday. we'll have barry mccaffery reflecting on one of the most celebrated battlefield generals of our time. tends to stay in mo. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your
the next hour, a last-ditch effort to avoid the fiscal cliff. the president has called all four congressional leaders to the white house no a high stakes meeting. is there really any hope? i'll speak with congressman sanderson. and then should teachers be armed in the classroom? it's a big debate. whop wants at least one teacher armed at every school in his state. >>> then remembers stormin' norman, the history general who died yesterday. we'll have barry mccaffery reflecting on one of...
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you both for joining us ok so i say let's take the plunge let's leap off the fiscal cliff francesca talk me off the edge so actually in the spirit of things giving i'm going to start with something we agree on i think that you could actually get a lot of republicans particularly those like rand paul and others to agree with you on the drone part of what you propose so i think we can all agree on that so we'll start with that all right well that's a good start mark absolutely i agree that this could be a real opportunity we do need to have a robust debate i don't agree that we just jump off the cliff i think if we think we're going off the cliff we have to take some common sense steps i don't believe what i'm saying to the legislation out there now but don't hold on until after the first of the year because you voted before the first of the year you run afoul of grover norquist oh absolutely i think you do need these ideas should be out there now we just came out of an election we need concrete steps the election was a little broader about what we would do and the ideology behind it
you both for joining us ok so i say let's take the plunge let's leap off the fiscal cliff francesca talk me off the edge so actually in the spirit of things giving i'm going to start with something we agree on i think that you could actually get a lot of republicans particularly those like rand paul and others to agree with you on the drone part of what you propose so i think we can all agree on that so we'll start with that all right well that's a good start mark absolutely i agree that this...
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Dec 4, 2012
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when are we going to have a loaded fiscal cliff deal? [ telephones ringing ] at chevy's year-end event, we have 11 vehicles that offer an epa-estimated 30 mpg highway or better. yeah? hey. hey. where's your suit? oh, it's casual friday. oh. [ male announcer ] chevy's giving more. now get a 2013 malibu ls for around $199 per month, plus competitive lessees can get $1,000 toward the down payment for an even better deal. thank you, mr. speaker, uh, members of congress. in celebration of over 75 years of our government employees insurance company, or geico...as most of you know members it.congress. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newscaster:breaking news. the gecko is demanding free pudding. and political parties that are actual parties!? with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child
when are we going to have a loaded fiscal cliff deal? [ telephones ringing ] at chevy's year-end event, we have 11 vehicles that offer an epa-estimated 30 mpg highway or better. yeah? hey. hey. where's your suit? oh, it's casual friday. oh. [ male announcer ] chevy's giving more. now get a 2013 malibu ls for around $199 per month, plus competitive lessees can get $1,000 toward the down payment for an even better deal. thank you, mr. speaker, uh, members of congress. in celebration of over 75...